Recent content by watercooled

Ignore status - Socrates Profitaker I have temporary problems with logging in / posting on T2W and after a brief discussion with our mutual friend Bully, he suggested I sent you this message via Watercooled. Please note: Profitaker you can hardly expect an answer to this latest post addressed...

Hi Glenn, Thanks for your comments, no I don't write deep 'out of the money' index puts as the risk reward profile isn't to my taste, a personal thing. I am certainly happy to write 'at the money' or slightly 'out of the money' calls or puts at certain times especially if the vols are very...

83 years... Hi Richard, Yes you are right and for some that would be a lifetime. So how do mobilephone Companies and genetic engineers know their products are safe for our lifetime. They don't, but we still buy mobis. Good luck with your game of probabilities :) I'm currently flat...

Thank you Hi Grant, Great post! It has been said, "All politicians lie!" I guess this must be true as all Englishmen can't be queer. Your points raised are very interesting (to me), perhaps allowing your thoughts to open further it would help you to answer the questions for youself. As my...

Thank you Hi Glenn, Thank you for your comments, I trust your learning and development will continue to be fruitful. Feel free to disagree with any of my views and opinions, I am OK with it, after all who am I. From your perspective you are probably right. Regards and have a great...

Hi Glenn, In the early 90s, for 18 months I was part of a project analysing data in the markets. We disproved many myths and amazed ourselves how different data series (bullish, bearish or flat) made to the results. Basically, the data series and/or the analysis, can skew the result...

Agreed, from your perspective you are right and I also agree with all of your points. Furthermore, mathematically the data series is not complete yet. Until then the proof will be difficult to assert. Maybe Soc knows something you don't, who knows..... Only time will tell. All the very best, WC

Hi Profitaker, After many years of trading options and other instruments, I understand your points fully and a demonstration of exposure to loss management could have been displayed more overtly. Perhaps the mathematical risk of loss was calculated, and accepted or dismissed, who knows...

Options debate. Hi Split and DB, Thank you for your input in this debate. I agree totally, from your perspective you're are right. Furthermore, the realities of the strategy will unfold with time, IMHO. Regards, WC

Watching this thread Hi Profitaker, You'd probably be surprised how many people are watching this thread. There are many lessons being learned here. The next week could see the the make or break of this strategy. The argument, about real risk, and perceived risk and exposure to loss, may...

Thanks slit, I repeat my posting above to you: I understand the points you are making. I guess, the skill is to sell as much time whilst minimising risk/exposure to loss? WC

Thanks chump, I understand the points you are making. I guess, the skill is to sell as much time whilst minimising risk/exposure to loss? WC

Put position Good Morning, If the FTSE climbs back above 6300 in the next few weeks, these highly advertised put positions will be profitable, won't they? Would it be prudent to sell the same now at an even better price than the original opening price shown above? WC

Hi Mark, The S&P/vix was nearly 140 today another ATH. Attached is a very busy chart but the 2 lower windows show the S&P/Vix and how high it is. Enjoy and good luck with your positions. (I am short the Dow as of yesterday as well) Regards, Epi

Hi UTB, Thank you for your balanced view point and post. I haven't heard or read a really good article on this product. Obviously the product isn't up for raving about. Thanks for your help. Regards WC